Reconciling and Computing Operating Cash Flows from Net Income Petroni Company reports the following selected results for its current calendar year. Net income $195,000 Depreciation expense 37,500 Accounts receivable increase 15,000 Accounts payable increase 9,000 Prepaid expenses decrease 4,500 Wages payable decrease 6,000 $ (a) Prepare the operating section only of Petroni Company's statement of cash flows for the year. Hint: Remember to use negative signs with answers when appropriate. Petroni Company Statement of Cash Flows (operating section) Operating activities Net income 0 x Adjustments to reconcile net income to operating cash flow Depreciation Changes in operating assets and liabilities Accounts receivable OX Prepaid expense OX Accounts payable OX Wages payable OX OX Net cash provided from operating activities 0 x OX $